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The local supermarket buys lettuce each day to ensure fresh produce. Each morning any lettuce that is left from the previous day is sold to
The local supermarket buys lettuce each day to ensure fresh produce. Each morning any lettuce that is left from the previous day is sold to a dealer that resells to farmers who use it to feed the animals. This week the supermarket can buy fresh lettuce for $4 a box. The lettuce is sold for $10 a box and the dealer that sells old lettuce is willing to pay $1.50 a box. Past history says that tomorrows demand for lettuce averages 250 boxes with a standard deviation of 34 boxes. How may boxes of lettuce should the supermarket purchase for tomorrow? (Assume demand is normally distributed)
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